Gold prices in India are influenced by a range of factors, including international bullion rates, movements in the US dollar, import duties, local taxes and changes in demand during wedding and festive seasons.
Gold prices in India were updated on Thursday, June 11, with rates varying across major cities amid continued volatility in domestic and international bullion markets.
Gold rates in major Indian cities
Also Read
Chennai
- 24-carat gold (10 grams): ₹15,054
- 22-carat gold (10 grams): ₹13,799
- 18-carat gold (10 grams): ₹11,569
Mumbai
- 24-carat gold (10 grams): ₹14,777
- 22-carat gold (10 grams): ₹13,545
- 18-carat gold (10 grams): ₹11,083
Delhi
- 24-carat gold (10 grams): ₹14,900
- 22-carat gold (10 grams): ₹13,659
- 18-carat gold (10 grams): ₹11,178
Kolkata
- 24-carat gold (10 grams): ₹14,777
- 22-carat gold (10 grams): ₹13,545
- 18-carat gold (10 grams): ₹11,083
Pune
- 24-carat gold (10 grams): ₹14,777
- 22-carat gold (10 grams): ₹13,545
- 18-carat gold (10 grams): ₹11,083
Bengaluru
- 24-carat gold (10 grams): ₹14,777
- 22-carat gold (10 grams): ₹13,545
- 18-carat gold (10 grams): ₹11,083
Kerala
- 24-carat gold (10 grams): ₹14,777
- 22-carat gold (10 grams): ₹13,545
- 18-carat gold (10 grams): ₹11,083
Hyderabad
- 24-carat gold (10 grams): ₹14,777
- 22-carat gold (10 grams): ₹13,545
- 18-carat gold (10 grams): ₹11,083
MCX gold falls sharply
Gold futures on the Multi Commodity Exchange (MCX) witnessed a sharp decline on Thursday.
The price of gold fell by ₹1,499 per 10 grams, opening at ₹1,46,518 compared with the previous close of ₹1,48,017.
The fall followed weakness in international bullion markets, where gold prices slipped to their lowest level in more than six months.
Market participants are closely watching developments surrounding the escalating conflict between the United States and Iran. The situation has raised concerns over inflationary pressures and the possibility of interest rates remaining high for an extended period.
Higher interest rates tend to reduce the attractiveness of non-yielding assets such as gold, often affecting investor demand.
Silver prices also declined on the MCX, falling by more than ₹3,800 per kilogram during trading.
What affects gold prices?
Gold prices in India are influenced by several factors, including international bullion rates, movements in the US dollar, import duties and domestic taxes.
Demand from the jewellery sector, particularly during wedding and festive seasons, also plays an important role in determining prices in the local market.
Published: 11 Jun 2026, 07:48 am IST
Related Topics
Subscribe to our Newsletter
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.